HTC One smartphone has had a difficult start, but we are finally seeing improvements in the availability. Luckily, that has not stopped the company from preparing another smartphone that will be a cheap HTC One. According to DigiTimes, HTC will be using metal-alloy chassis for its HTC M4 smartphone.

The report is also saying that Catcher Technology will become an exclusive supplier of metal alloy chassis. The rest of the smartphone features a 4.3-inch 720p HD display, a 1.2 GHz Snapdragon 400 SoC, 16 GB of storage and 1 GB of RAM. The company will also use an "Ultrapixel" rear-facing camera as well as Android 4.2.2 Jelly Bean with HTC's Sense 5 UI.

The release date of the HTC M4 is sometime in June 2013 with widespread availability during the third quarter.